This Technical Note focuses on banking system spillovers of Malaysia. The note examines the presence of foreign banks and the potential for problems in other jurisdictions to spillover to Malaysia and the overseas operations of Malaysian banks, which make their performance and solvency more exposed to economic and political developments abroad. A key facet of the current crisis is serious problems in advanced economy banks, suggesting a role for spillovers from their claims on Malaysia. Notwithstanding the Asian Financial Crisis, foreign claims of BIS-reporting banks on Malaysia have generally been on an increasing trend since the early 1990s.

Malaysia was once on the cusp of becoming one of the ‘Asian Tigers’ as a result of the impressively high growth rates recorded in the early 1990s. From 1990 until 1997, the growth rate was above 9 percent per annum on average. This performance came to an end when the economy was struck by the 1997/98 Asian Financial Crisis, the worst economic crisis Malaysia has ever experienced since independence. Things eventually worsened with the onslaught of the 2008/09 Global Financial Crisis, which dragged the Malaysian economy yet into another round of a recession with the growth rate contracting at 1.5 percent in 2009. On hindsight, these two events, which have had a substantial impact on the state of the Malaysian economy, pointed to several urgent calls for economic reforms, such as the need to address structural weaknesses of the economy and to have a growth target which is both sustainable as well as inclusive. When Datuk Seri Najib Razak became the sixth Prime Minister of Malaysia from April 2009 until May 2018, it was clear that a new approach to economic development for Malaysia had to be crafted. Towards this end, he introduced the National Transformation Policy (NTP), so that the economy can be transformed into one that is of high-income and developed status by the year 2020. He also set a new vision for Malaysia, also known as the 2050 National Transformation, or TN50, which is meant to chart a new course for Malaysia to move into the second half of the 21st century. How successful is this transformational agenda? What are the other issues and challenges which need to be addressed? What important lessons can we learn from this transformational journey? This book is an attempt to address these specific questions by assessing Najib’s economic plans, policies, programmes and vision which evolved during the nine years of his term as the sixth Prime Minister of Malaysia.

Malaysia’s natural resources and its well-educated population are some of the many credentials that keep the country in good stead, with priorities centred on preparing for the ASEAN Economic Community in 2015 and steering the policy framework toward more inclusive political representation. The economy is built around global trade, and the government is working to encourage greater private investment. Malaysia's GDP per capita is the highest in South-east Asia, with the exception of smaller countries like Singapore and Brunei Darussalam, $ reaching 10,548 in 2013 based on a GDP of $ 307.25bn and a population of almost 30m. The country produces 39% of the world's palm oil and 44% of its exports, and Increasing global demand for the commodity Bodes well for the industry. Malaysia has seen its stock rise in the World was Bank's Annual " the Ease of Doing Business" report, moving up to 6th position in 2014 from 8th the previous year. 's Avatar Recent times have seen the Government push hard for a Greater role for the : private sector in the country's development, with the various Government Programmes aiming to boost Transparency, accountability and Sustainable Growth. The overall aim of these plans is to elevate Malaysia to become a high -income country by 2020.

This collection from an international set of contributors explores the relationship between migration and inequality in Africa, Asia and Latin America, assessing the impact of migration on structures of caste, gender and class, and offering both empirical evidence and theoretical understandings on the relationship between migration and inequality.

OECD Investment Policy Reviews: Malaysia presents an assessment of the investment climate in Malaysia, including the institutional and legislative framework for investment.